Won $700 with Micro S&P futures!

Discussion in 'Trading' started by farmerjohn1324, Apr 2, 2020.

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  1. It was a nice trade, good job!
     
    #12     Apr 2, 2020
    farmerjohn1324 likes this.
  2. bone

    bone

    Kiss of Death.
     
    #13     Apr 2, 2020
  3. speedo

    speedo

    Great!...now put it all on the black and spin that baby !
     
    #14     Apr 2, 2020
    Amatrue, MichalTr and orbit23 like this.
  4. Nobert

    Nobert

    Congratz John, but beware, if continuing with RRR like this, one hit - and afterwards, you will have to be right, at least 3 times in a row, just to break even.
     
    #15     Apr 2, 2020
  5. What is the point of your comments?
     
    #16     Apr 2, 2020
  6. I know. Did you read my post a couple days ago about analysing past 20 years of daily data?

    According to that, it will hit my TP 94% of the time. I expect to have losses.

    So far in real, I'm 2 wins and no losses. Including paper trading, it's 5-1.
     
    #17     Apr 2, 2020
  7. speedo

    speedo

    What's the point of your continuous idiotic threads?
     
    #18     Apr 2, 2020
  8. And how is this an idiotic thread?
     
    #19     Apr 2, 2020
  9. Nobert

    Nobert

    No, i haven't.

    Personally, i don't look at any data, when RRR 4:1.
    Data becomes irrelevant.

    For example, somewhere they mention, of never taking a trade , if it isn't,
    at least 1:4 to their favor.




    In yours case, it's 4:1 against you.
    Data is irrelevant if odds doesn't make sense.

    Paul Tudor, mentions here, ,,my RRR is 1 to 80 ''



    And dozens of other examples.

    Learning, from the best, simple as that.






    People reacting because of the word ,,Won''.
    At first, glimpse i thought that it's some random noob from WallStreet bet's, who came to brag.

    Made or earned - sounds more professional.

    But - won. Nah.. :)
     
    Last edited: Apr 2, 2020
    #20     Apr 2, 2020
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